Oil & Gas Newswire

Iran Conflict Fuels $11.5B Equinor Windfall as Hormuz Disruption Lifts Oil Prices

Norway's state-controlled Equinor reported adjusted operating income of $11.48B (£8.6B) for the second quarter, nearly double the $6.54B (£4.9B) it made a year earlier. The war against Iran pushed oil and gas prices sharply higher. The figure beat the …

Oil Back Above $100: Flights and Gas Prices Are About to Rise Again

Iran-backed Houthi militants struck two Saudi oil tankers in the Red Sea on Wednesday and Thursday — triggering Brent crude's steepest single-day surge in months and pushing the global benchmark back above $100 a barrel for the first time since May. …

Finance minster says budget safe despite rebound in global oil prices

Jakarta (ANTARA) - Finance Minister Purbaya Yudhi Sadewa said the country’s 2026 State Budget (APBN) will remain resilient despite the recent surge in global crude oil prices, although higher prices would narrow the government's fiscal room. “With oil …

Oil Price Today (July 24): Crude oil dips below $100 but up 13% this week as supply tensions mount. $120 per barrel ...

Oil prices were headed for a weekly gain on Friday as attacks by Houthis on tankers in the Red Sea raised concerns over a possible shutdown of another key shipping route. At the same time, Kazakhstan temporarily reduced oil output after closing its main …

Stock markets fall sharply amid surge in global crude oil prices

Benchmark indices Sensex and Nifty declined sharply in early trade as Brent crude crossed the USD 100 mark amid escalating tensions in West Asia. Rising oil prices, foreign fund outflows and weak global cues weighed heavily on investor sentiment Published …

Oil hits six-week high as war threatens crude shipping routes

Oil prices rose to their highest levels in six weeks on Wednesday, with Brent crude nearing 99 dollars a barrel, as concerns over supply increased amid the escalating US-Iran war and growing Houthi threats against shipping in the Strait of Hormuz. Oil …

Govt secures US$3.5 billion investment to revive upstream oil and gas sector — Finance Minister

The Government has secured more than US$3.5 billion in new investment commitments from partners in the Jubilee and Offshore Cape Three Points (OCTP) fields as part of efforts to revive Ghana’s upstream oil and gas sector. The investments followed the …

The market continued to recover due to the "weighted" securities of the oil and gas sector

Bogdan Zvarich, PSB 23 July 2026 10:49 On Wednesday, the Russian stock market continued its recovery wave, supported by purchases in the "weighted" securities of the oil and gas sector, taking place on the growth of the energy market, and some …

Lion Energy review finds more value in oil and gas

Lion Energy’s upstream oil and gas portfolio is ready to roar. Pic: Getty Images Strategic review leads company to exit its hydrogen business, including Port of Brisbane hydrogen project Equipment to be sold for A$400,000; no further port lease obligations …

Domino effect: Gandhar Oil’s 20% upper circuit spurs rally in Savita Oil and Panama Petro. Here’s why

Shares of Gandhar Oil Refinery hit the 20% upper circuit at Rs 284 on the BSE on Thursday after the company reported a 689% year-on-year surge in net profit to Rs 206 crore for the June quarter, compared with Rs 26 crore a year ago. The strong earnings …

NZ First and the oil and gas ban

The other reason that National has reason to be disgusted at New Zealand First this week is because it is reinventing history in terms of its role in the ban on new oil and gas exploration in 2018. Peters, in a press conference after his conference speech …

CeraPhi Energy to evaluate geothermal repurposing of Star Energy oil and gas wells in the UK

CeraPhi Energy and Star Energy have signed an agreement for the transfer and repurposing of non-producing oil and gas wells for geothermal utilization. CeraPhi Energy (CeraPhi) and the Star Energy Group plc (Star Energy) have signed a strategic agreement …

Oil ministry seeks to boost oil output in talks with TotalEnergies

Oil minister has held talks with executives from TotalEnergies on boosting cooperation and expanding oil and gas projects, as the country seeks to increase production. Khalifa Abdul Sadiq met senior company officials in Tripoli, including Julien Pouget, …

Markets extend losing streak for 4th day on surging oil prices

Mumbai: Stock markets closed with losses for the fourth straight day on Thursday, with the benchmark Sensex falling by 363 points as a sharp jump in crude oil prices due to escalating tensions in West Asia hit investor sentiment. The 30-share BSE Sensex …

[Sensex Today] Share Market LIVE Updates: Sensex crashes 700 points, Nifty slips to 23,666 as rising crude oil prices ...

Share Market LIVE Updates: As fresh tariff concerns and global trade tensions weigh on investor sentiment, the Indian stock market opened on a weak note on July 24. Both benchmark indices, Sensex and Nifty, opened lower for the sixth consecutive session, …

US energy firm eyes Balochistan minerals, oil-gas projects in talks with Pakistan

Federal Minister for Petroleum Ali Pervaiz Malik held separate meetings with representatives of leading international energy companies to discuss investment opportunities in Pakistan’s energy and critical minerals sectors. In the first meeting, the …

Rosneft increases the efficiency of protection of oil and gas equipment from corrosion

AK&M 23 July 2026 16:25 Specialists of the Ufa Design Institute of Rosneft have developed an innovative method for studying corrosion of equipment. The innovation allows the most accurate assessment of the effectiveness of inhibitory protection. The …

OIL & GAS REPORT 7/23/26

Burnham ready to move fast to scale up North Sea oil and gas drilling

Triplett Highlights the Growing Role of Borescope Inspection in Aging Infrastructure Maintenance

Triplett highlights the role of borescope inspection as organizations adopt broader inspection strategies for aging infrastructure and critical equipment. MERRIMACK, NH, UNITED STATES, July 24, 2026 /⁨EINPresswire.com⁩/ -- Triplett Test Equipment …

Angola's Upstream Reform Program and Investment Pipeline Examined in Crude Oil

Crude Oil: Power, Turnaround and Transformation in Angola examines the reforms, projects and investment commitments shaping Angola's upstream sector. JOHANNESBURG, SOUTH AFRICA, July 24, 2026 /⁨EINPresswire.com⁩/ -- After more than a decade of …

AEC Joins Venezuela Energy Week’s Global Investment Roadshows in London and Houston

JOHANNESBURG, SOUTH AFRICA, July 24, 2026 /⁨EINPresswire.com⁩/ -- The African Energy Chamber (AEC) will participate in Venezuela Energy Week’s upcoming global investment showcases in London on July 30 and Houston on August 18, supporting efforts to …

Baucor Expands U.S. and European Manufacturing Network and Custom CNC Tool Capabilities

Baucor strengthens its transatlantic production network while expanding engineering-led custom CNC tool design, prototyping and repeat manufacturing capability. IRVINE,CALIFORNIA, CA, UNITED STATES, July 24, 2026 /⁨EINPresswire.com⁩/ -- Expanded …

Pknergy's Journey to Becoming a High-Quality Standard Lithium Polymer Battery Producer in China with UN38.3 Mastery

SHENZHEN, GUANGDONG, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- Redefining the Quality Benchmark in Global Energy Storage How does a specialized medical monitor maintain unwavering precision during a critical patient transport? What allows a …

A Comprehensive Energy Storage Guide from Pknergy, the China Professional Lithium Ion Battery Industry Leader

SHENZHEN, GUANGDONG, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- The global shift toward renewable energy has fundamentally transformed the industrial and commercial landscape, placing high-performance energy storage at the center of the …

Pknergy Showcases Global Leading High-Quality Standard 21700 Battery Solutions at CES US

SHENZHEN, GUANGDONG, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- The Consumer Electronics Show (CES) in Las Vegas remains the premier global arena for unveiling transformative technologies, serving as a critical barometer for the future of energy …

Why Global Brands Trust Pknergy, the China OEM Rechargeable Battery Pack Solution Provider, for IoT Safety

SHENZHEN, GUANGDONG, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- Could a minor power fluctuation in a smart medical monitor potentially delay a critical health update? Might a remote industrial sensor struggle to maintain data integrity if its …

The Strategic Growth of Pknergy as a Top 10 Rechargeable Battery Pack Supplier in China

SHENZHEN, GUANGDONG, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- The global transition toward renewable energy has fundamentally reshaped the industrial landscape, positioning battery technology at the heart of the modern economy. Within this …

Industry Evolution: How Pknergy Operates as a China Top Lithium Battery Pack Company for Global Specialized Applications

SHENZHEN, GUANGDONG, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- The global industrial landscape is undergoing a fundamental shift, moving away from centralized power reliance toward high-performance, portable, and integrated energy architectures …

CAMIMPEG Confirmed as National Sponsor of Venezuela Energy Week 2026

CARACAS, VENEZUELA, July 24, 2026 /⁨EINPresswire.com⁩/ -- Venezuelan energy and mining services firm CAMIMPEG has been confirmed as a National Sponsor of Venezuela Energy Week, taking place from October 26–29, 2026, in Caracas. Operating across …

China’s Leading Primary Lithium Battery Manufacturers Highlighted Innovations at Canton Fair 2025

SHENZHEN, GUANGDONG, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- The 138th Canton Fair held in 2025 was a major milestone for the global energy industry. As the international trade landscapes change, the focus has shifted away from high-volume …

Technical Excellence: What Makes Pknergy the Best Power Tool Battery Exporter in China for High-Drain Tools

SHENZHEN, GUANGDONG, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- In a high-intensity work environment where every second counts, how does a dependable power source become the ultimate catalyst for operational continuity? Why do some cordless tools …

Beyond Lead-Acid: Why Pknergy is the China Leading Lithium Rechargeable Battery Factory

SHENZHEN, GUANGDONG, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- The Tipping Point: Why Lead-Acid is Fading The global energy landscape is currently navigating a pivotal transition. For decades, lead-acid technology remained the undisputed …

Global Quality Standards: How Pknergy Operates as Custom Rechargeable Battery Supplier from China with UL Certifications

SHENZHEN, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- The rapid evolution of portable electronics, electric mobility, and renewable energy storage has led to a surge in demand for power sources. At the heart of this technological shift is the …

China Leading Low Self-Discharge Lithium Battery Factory Delivering High-Performance Solutions Worldwide

SHENZHEN, GUANGDONG, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- The silent attrition caused by energy leakage is a major challenge for the global expansion of autonomic technology. The cost of "energy loss" can be a serious problem in …

Beyond Standard: How China Top Special Lithium Button Cell Battery Manufacturer Delivers Custom Voltage and Form Factor

SHENZHEN, GUANGDONG, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- The rapid evolution in portable electronics has created a fundamental shift to the hardware design philosophy. Engineers no long build devices around standard parts. Instead, they …

Why 18650 Battery Packs Still Matter for Custom OEM Products in 2026

SHENZHEN, SHENZHEN, CHINA, July 24, 2026 /⁨EINPresswire.com⁩/ -- Is your medical device requiring a power source with 2,000+ cycles and stable discharge? Are your AGVs struggling with bulky battery packs that limit maneuverability? Are you looking …

60 Years of Leak Detection Expertise: Pfeiffer Vacuum+Fab Solutions Celebrates a Milestone

Pfeiffer Vacuum+Fab Solutions, a member of the global Busch Group, celebrates 60 years of leak detection expertise. ASSLAR, GERMANY, July 24, 2026 /⁨EINPresswire.com⁩/ -- This milestone marks six decades since the commercialization of the company …

Emergency-Ready Home Backup: BLUETTI Hurricane Solutions

BLUETTI Expands Emergency Power Solutions with Reliable Energy Storage Systems Designed for Hurricane Preparedness and Home Resilience CALIFORNIA, CA, UNITED STATES, July 24, 2026 /⁨EINPresswire.com⁩/ -- BLUETTI Emergency-Ready Home Backup for …